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US ISM Manufacturing PMI for December 49.3 vs 48.4 estimate

  • Prior month 48.4
  • Prices Paid 52.5 vs 50.3 prior. Estimate 51.7. Higher-than-expected
  • New Orders 52.5 vs 50.4 prior
  • Production xx.x vs 46.8 prior
  • Employment 45.3 vs 48.1 prior. Estimate 48.0. Lower-than-expected
  • Supplier Deliveries xx.x vs 48.7 prior
  • Inventories xx.x vs 48.1 prior
  • Backlog of Orders xx.x vs 41.8 prior
  • New Export Orders xx.x vs 48.7 prior
  • Imports xx.x vs 47.6 prior
  • Customers’ Inventories xx.x vs 48.4 prior

Just ahead of the release:

  • 2- year yield 4.241%, -0.7 basis points
  • 10 year 4.551%, -2.4 basis points
  • S&P index +0.58%
  • NASDAQ index +1.03%

Looking at the market three minutes after the release, the Dow industrial average is up 0.22%. The S&P is up 0.53% and the NASDAQ index is currently at 0.91%.

This article was written by Greg Michalowski at www.forexlive.com.

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